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Viridien (VIRDY)
OTHER OTC:VIRDY
US Market

Viridien (VIRDY) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jul 31, 2025
Before Open (Confirmed)
Period Ending
2025 (Q2)
Consensus EPS Forecast
Last Year’s EPS
0.02
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q1 2025
Earnings Call Date:Apr 29, 2025|
% Change Since: 27.63%|
Earnings Call Sentiment|Positive
The earnings call highlighted significant revenue and EBITDA growth, successful refinancing efforts, and strong segment performances, particularly in DDE and Geoscience. However, there were challenges such as negative net cash flow, market uncertainties, and a stable yet unimproved SMO segment. Despite these challenges, the positive aspects are prominent, driven by strategic advancements and financial achievements.
Company Guidance -
Q1 2025
During the Viridien First Quarter 2025 Financial Results Conference Call, the company provided several key metrics and insights into its financial performance and future outlook. Revenue for Q1 2025 grew by 10% year-on-year to $301 million, driven by a 25% increase in Geoscience and a 7% rise in Earth Data division revenues. EBITDA margin reached 47%, with a 35% increase in EBITDA to $143 million. Net income was reported as negative $29 million due to $40 million in one-off costs related to recent debt refinancing. Notably, the refinancing extended debt maturity to 2030 and reduced gross debt by $200 million. The company also reported a net cash flow of minus $20 million, or positive $22 million when adjusted for early interest payments made in Q1. Looking ahead, Viridien aims for $100 million in net cash flow for 2025, excluding refinancing costs, leveraging its asset-light business model to maintain flexibility amid potential market volatility.
Strong Revenue Growth and Profitability
Revenue grew by 10% and EBITDA increased by 35%, achieving the strongest profitability for the first quarter over the past decade.
Successful Debt Refinancing
Successfully delivered all targeted milestones from the financial roadmap, including refinancing of debt, extending maturity to 2030, and reducing gross debt by $200 million.
DDE Segment Performance
DDE segment revenue grew 16% to $214 million with adjusted EBITDA up 32% at $137 million.
Geoscience Revenue Increase
Geoscience external revenue reached $110 million, up 25% compared to last year, supported by strong backlog and significant sales of Duration software.
Expansion in Low Carbon and New Projects
Won a new Carbon Sequestration project in the North Sea and completed two carbon storage screening projects in Continental Europe.
Asset-Light Strategy Enhancements
Ended vessel capacity agreement, enhancing financial and operational flexibility.

Viridien (VIRDY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

VIRDY Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jul 31, 2025
2025 (Q2)
- / -
0.02
Apr 29, 2025
2025 (Q1)
1.03 / -3.88
0
Feb 27, 2025
2024 (Q4)
-0.18 / 9.78
-2.116562.19% (+11.90)
Oct 31, 2024
2024 (Q3)
0.50 / -0.71
5-114.20% (-5.71)
Jul 30, 2024
2024 (Q2)
3.00 / 0.02
5-99.60% (-4.98)
May 14, 2024
2024 (Q1)
1.00 / 0.00
-2
Mar 06, 2024
2023 (Q4)
-1.00 / -2.12
6-135.27% (-8.12)
Nov 06, 2023
2023 (Q3)
2.00 / 5.00
-0.143671.43% (+5.14)
Jul 27, 2023
2023 (Q2)
2.00 / 5.00
2150.00% (+3.00)
May 03, 2023
2023 (Q1)
-3.00 / -2.00
-20.00% (0.00)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

VIRDY Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 29, 2025
$56.42$52.79-6.43%
Feb 27, 2025
$55.30$57.96+4.81%
Oct 31, 2024
$40.40$41.61+3.00%
Jul 30, 2024
$0.49$0.50+2.04%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Viridien (VIRDY) report earnings?
Viridien (VIRDY) is schdueled to report earning on Jul 31, 2025, Before Open (Confirmed).
    What is Viridien (VIRDY) earnings time?
    Viridien (VIRDY) earnings time is at Jul 31, 2025, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is VIRDY EPS forecast?
          Currently, no data Available
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